Hawaii Life and Health Insurance Test with Solutions

Which of the following medical expenses does cancer insurance not cover? 1. Chemotherapy 2. Radiation treatment 3. Physician visit 4. Arthritis - 4. Arthritis Which accident and health policy provision addresses preexisting conditions? 1. Proof of loss 2. Legal actions 3. Time limit on certain defenses 4. Payment of claims - 3. Time limit on certain defenses Which of these is not a duty of a producer? 1. Solicit applications for insurance 2. Collect premiums from policy owners 3. Authorize payment of certain claims 4. Render services to prospects - 3. Authorize payment of certain claims Which of the following is not a limited benefit plan? 1. Dental policy 2. Life insurance policy 3. Critical illness policy 4. Cancer policy - 2 life insurance policy A __________ is the signed document that starts the free look period - Delivery receipt No temporary disability insurance benefits may be payable for ___ days after a period of disability begins. - 7 ABC insurance company has accepted a life insurance application which contains unanswered questions. The company then makes the application part of the life contract. In this situation, the insurer has: 1. Waived one of its legal rights 2. Issued a voidable policy 3. Committed an act of fraud 4. Assigned the risk to a reinsurer - 1. Waived one of its legal rights Which of the following will a long term care plan typically provide benefits for? 1. Disability income 2. Death 3. Unemployment 4. Home health care - 4. Home health care